New York Imp-Mod Market Analysis, May 2017

This analysis of the Impressionist and Modern sales results—including a look at market share by artist and a list of the most dynamic lots—is available to AMMpro subscribers. Subscribers get the first month free on monthly subscriptions. Feel free to cancel at any time before the month is up.Sign up for AMMpro here.

The New York sales of Impressionist and Modern art were mostly tame affairs punctuated by moments of excitement as a few works significantly outperformed expectations. For the category, the entire week brought in $544m with an overall sell-through rate of 76% on 852 lots.

How does this compare to previous years? After a sharp pullback in 2016, the total across both houses has regained a substantial portion of the lost ground but not achieved levels comparable with the salad days of 2014 and 2015. That might not be a bad thing at all.

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